Caribbean

Fitch rates Aruba as junk on bleak tourism outlook  

Debt Corporate & Sovereign Strategy Fixed Income

Island nation's fiscal and external accounts are expected to deteriorate severely, rating agency says

IFC drafts green bond guidelines for DR

Bonds Capital Markets Economy & Policy

Multilateral lender bases the criteria on best practices from the EU

Idesa postpones swap deadline

Asset Management Bonds Debt

Some bondholders are pushing for more collateral in a $303 mln debt exchange

IMF fundraises in developed economies to help poorest countries  

Economy & Policy Fixed Income Loans

Haiti seeks financial support from the bank's Rapid Credit Facility

S&P cuts Mexico, Pemex on coronavirus, oil prices

Bonds Capital Markets Mexico

Rating agency also downgrades Trinidad & Tobago and puts a negative outlook on Colombia

World Bank, IMF ask G20 to allow poorest nations to delay debt payments  

Debt Corporate & Sovereign Strategy Economy & Policy

Request based on need to divert funds for coping with COVID-19 pandemic

IDB grants loan to Barbados

Loans Debt Economy & Policy

Development bank supplies $80 mln for the government's Roofs to Reefs program

Dominican Republic reimburses Odebrecht for power plant

Project & Infrastructure Finance Energy Electricity

State-owned power holding company CDEEE manages to reduce the payment to $396 mln

Fall in oil prices sends shock waves through LatAm markets

Asset Management Bonds Debt

Ecuador and Colombia feel the fallout from a spat between Russia and Saudi Arabia

Government offloads TransJamaican Highway through IPO

IPO Equity Capital Markets

NROCC sells 80% of the toll road concession for $100 mln in a "massively oversubscribed" deal, source says

TransJamaican Highway prints cross-border bonds

Bonds Debt Capital Markets

State-owned toll road concession raises $225 mln to pay off debt as it prepares for an IPO

Shell acquires stakes in Ecopetrol blocks

M&A Energy Gas

Anglo-Dutch oil company takes 50% stakes and assumes operations of Fuerte Sur, Purple Angel and COL-5 in the Caribbean Sea

Jamaica offers shares in TransJamaican Highway

IPO Equity Project & Infrastructure Finance

NROCC looks to offload the government-owned toll road concession for $0.01 per share

TransJamaican Highway goes on the road

Bonds Debt Capital Markets

Government-owned toll road concession lines up a bond sale before its planned IPO

Dominican Republic upsizes international bond sale

Bonds Debt Capital Markets

Sovereign issuer raises $2.5 bln after initially targeting $2 bln in a two-part deal